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Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new non-bank financial institutions in Vientiane Capital. Effective from the announcement date onwards, the suspension applies to both domestic and foreign investors seeking to establish deposit-taking microfinance institutions, non-deposit-taking microfinance institutions, and pawnshops in the capital. BoL said...

Lao Authorities, Lao Bank Seek Legal Action Against Thai Media Over Money Laundering Claims

On 31 July, Lao authorities and Lao Development Bank (LDB) met with Thailand's Central...
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Chinese Commerce Chamber Urges Businesses in Laos to Cut Ties with Scam Networks

The General Chinese Chamber of Commerce in Laos has told its members to check...
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Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...
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Online Sellers Face Renewed Enforcement of Business Registration Rules

Online sellers in Vientiane must register as businesses and obtain an e-commerce licence or...
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Sun Entertainment Culture Actively Expands Its Business Foothold　Preparing for the Recovery of the Entertainment Industry

MACAO SAR - Media OutReach - 29 April 2021 - Suncity Group has always been committed to promoting the development of the...

Former Pelalawan Regent HM Harris Recognizes APRIL Group Business Unit For Significant Business and Community Contributions in His Final Speech

PELALAWAN, RIAU, INDONESIA - Media OutReach - 29 April 2021 - In his final speech in office, former Pelalawan Regent HM Harris...

More Asian Employees Now Want Flexibility; Only 7% Want a Completely Onsite Work Arrangement

Most Asian respondents prefer a hybrid work arrangement, with two or three days of working from home every weekGood relationships with colleagues,...

CAF Selects Infor to Power Parramatta Light Rail Project

Infor signs long-term contract with CAF Australia to provide enterprise asset management solutions for light rail construction project in Western Sydney SYDNEY, AUSTRALIA - Media...

Food Insecurity Experienced in Asia Pacific During Pandemic

68% of those who have faced food insecurity dealt with it for the first time  HONG KONG SAR - Media OutReach - 29 April...

Achiko’s joint venture partner obtains a distribution certificate for AptameX, a novel diagnostic test for Covid-19 in Indonesia, and commences product registration

Achiko AG's joint venture partner PT Indonesia Farma Medis (IFM) obtains medical device distribution certificateAchiko subsequently commenced product registration with its partners with a...
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